Zhu Zhiyu has now built a ship that can travel 25 miles in an hour with an empty boat, and at Zhu Youxiao's request, he is now mainly increasing the loading capacity and making the ship bigger. Because Zhu Youxiao thinks that there is not much that can be done to improve the speed, he can only start from other aspects. The largest steamship has reached 1,000 materials, and although it is nothing compared to later generations, it is already a big ship in this generation.

According to Zhu Youxiao's estimate, the construction of a steamship capable of sailing at sea with more than 5,000 materials should be completed within three years. He felt that the Daming River has many networks and rich water resources, and water transportation is much cheaper than land transportation, so now the Water Transport Research Institute led by Zhu Zhiyu has more than 300 people, and there are two shipyards that build ships for testing in accordance with the requirements of the research institute.

Zhu Youxiao said: "This immigration matter, let's do it according to the suggestions of the Qing family just now." Isn't there an immigration guidance bureau for the Ministry of Households and the Ministry of Agriculture? Work out a plan first, and then start compulsory immigration. There are some mountainous areas in the country that are not suitable for living at all, and these mountain people are collectively relocated to the resettlement points, and they should not be afraid to spend money. ”

Zhong Yuzheng, the secretary of the Ministry of Industry, said: "Your Majesty, if the intensity of immigration increases, in fact, we can recruit more people from the country to build roads and railways. Why do people like India recruit so many? Wouldn't it be better to have money and food for people in the country? ”

Zhu Youxiao said with a smile: "Some dangerous jobs can still be done for others, let's recruit fewer Indians, but we can't afford not to recruit, and it's better not to lose if we can avoid losing the people of the Ming Dynasty." ”

All the ministers said together: "Your Majesty's benevolence is the blessing of my Ming people." "In the eyes of the Ming people, Indians can't be counted as people, but they are just barbarians, dead or disabled, it doesn't matter.

Bi Ziyan said: "Your Majesty, if there is a large-scale migration, it may lead to a decrease in the reserves of the treasury, and the minister thinks that some road and railway bonds can be issued to make up for the shortfall. ”

Increasing the intensity of immigration, or even the entire village, will of course cost a lot of money. Because transporting immigrants and allocating houses, farm tools, daily necessities and food to immigrants all cost money, and they are exempt from taxes for ten years, which means that the taxes paid by these immigrants in ten years are gone. Bi Ziyan's statement that the treasury's reserves are declining is actually a scene. What this really means is that the treasury will be emptied, and there will even be a large deficit.

Zhu Youxiao said: "What is the situation in the treasury now? ”

Bi Ziyan said: "Last time, the minister asked the household department to make a special calculation, last year's treasury expenditure was 10 million yuan higher than the income, and according to the data of previous years, the annual commercial tax in the future can be increased by at least 10%, so if this year's expenditure is the same as last year's, the treasury will be about 7 million yuan." But if Your Majesty increases the intensity of immigration, even if it is only increased by 20%, this figure will become 15 million yuan. At the end of last year, the state treasury had a surplus of $41 million, and at this rate, the state treasury will be left without a surplus in three years. ”

Zhu Youxiao pondered for a long time and said: "Road and railway bonds must be issued, and banks can issue bonds of other names, the interest can be slightly more, and the term can be a little longer. Judging by the increase in business taxes, we can break even after six years, so let's issue bonds for five to ten years. Ten years from now, we will never be short of money again. ”

A waiter from the Ministry of Rites said, "Your Majesty, haven't we started issuing one-yuan banknotes now?" Everyone recognizes paper money. I don't understand why we would issue bonds and give interest to those merchants instead of printing more banknotes. ”

Zhu Youxiao said with a smile: "It's really not easy to explain this to you. You just need to know why the treasure money can't be issued in the end, and the biggest reason is the unlimited issuance of money. In the matter of paper money, we must issue it slowly, and we must store as many silver coins as we need in the early stage, so as to ensure that anyone can exchange silver coins at any time as long as they want to, so that the credibility of paper money can be established. You can't just want to use more banknotes without money, so that in the end the gains outweigh the losses. ”

In fact, Zhu Youxiao didn't understand how the banks of later generations issued paper money, he only thought about letting the paper money first exchange silver and copper coins out of the circulation market, and then slowly turning silver and copper into pure metals. However, he also understands that this is a very long-term thing, and it may not be possible to complete it in a hundred years. That is, he is not in a hurry, as long as he has this concept first, he can naturally be ahead of other countries in the future. As far as he knows, it should be decades before paper money appears in Europe. His ultimate goal was to turn paper money into non-convertible money, and before that, the authority and credibility of the government had to be established, so paper money must not be issued indiscriminately.

Soon after the meeting, the Immigration Guidance Bureau, which was jointly established by the Ministry of Household and the Ministry of Agriculture, formulated the Ming Dynasty's "Ming Immigration Rules", which stipulated in detail the precautions for immigrants, and the provision that immigrants could choose to return to their hometowns after one year made many immigrants feel relieved. The stipulation of resettlement of immigrants from the same place in the vicinity has made everyone's resistance to immigrants much lower. However, the measures of compulsory immigration still caused many people to be dissatisfied, but since the regulations have come out, the Immigration Guidance Bureau can not be satisfied with whether you are satisfied or not, as long as the average number of land is low, there will be a quota for compulsory immigration, and the average number of land to reach the specified after immigration has become a hard indicator for the assessment of the government.

Some officials were very dissatisfied, so they wanted to ask for the people's lives, but the emperor sent the report directly to the Immigration Guidance Bureau, and then the Immigration Guidance Bureau directly rejected it, and they didn't even bother to give a reason. And when the two county orders who were reluctant to cooperate with the Immigration Guidance Bureau were directly pushed to the end by the Ministry of Officials, the other officials understood the firm will of the imperial court to implement this policy, and immediately turned around, but there was no one who had no eyes to argue with the Immigration Guidance Bureau.

After Wei Zhongxian was fined, he was ashamed and brave, and set up a special department called the Civilian Life Investigation Bureau in the East Factory, which specifically counted the prices of goods in various places, people's average income, minimum income, etc., and then conducted intelligence analysis, and some seemingly abnormal data were listed separately, made into a table every month, and presented to the emperor. The emperor ordered that the watch be distributed in the internal newspaper for the reference of officials above the fifth rank.